Frontier Lithium (TSX.V:FL) Recommended As a Company to Watch

Frontier Lithium (TSX.V:FL) was mentioned on the Business News Network (BNN) by John Hykawy, President of Stormcrow Capital, as one of the strongest junior lithium stocks to watch.

“You’ve got demand growing considerably, you’ve got incumbents that can bring additional supply and will try to, but even if they do their best it’s going to require some new players to enter the market. Given that there’s no critical shortage of the material, the place that you should be looking is companies that can produce in the lowest quartile of cost,” commented John Hykawy.

“We’re keeping a close watch on Frontier Lithium. They’re early stage company but with a deposit where we seemed to have found a very high grade spodumene lithium based mineral core that’s analogous to what we saw at Talison in the early days…It’s going to take some time to develop, but we think they’ve got some roots to market that might get them there a little sooner,” commented Hykawy

“The global lithium market is slightly less than 200,000 tonnes a year and we expect that to grow towards 400,00 tonnes by 2025.” commented Hykawy. Frontier Lithium is expected to contribute to this supply demand through its PAK Lithium deposit in northwestern Ontario.

About Frontier Lithium Inc.

Frontier’s goal is to become a low-cost, fully integrated lithium and tantalum producer through development of the PAK lithium deposit in Ontario, Canada. Frontier maintains a tight share structure with management ownership exceeding 30% of the Company. CAD $4 million of exploration work has been conducted from 2013 to 2016 on the deposit which boasts its lithium in a rare, high-purity, low-iron spodumene. The Company has adopted a staged growth approach to exploration and development in order to avoid unnecessary share dilution – a strategic imperative for the Company. The initial target market is the glass-ceramic industry which consumes roughly one-third of global lithium supply and is currently faced with monopolistic conditions, coupled with major lithium producers increasingly directing output toward supporting battery manufacture.

The PAK lithium deposit remains open in all directions and Company Management believes the resource can be developed into a world-class operation. Once production of lithium concentrates are established from Frontier, the possible second stage of investment and longer term prospect is to further process some of PAK’s output to produce the higher purity lithium compounds required for lithium battery technologies used in the electrification of transportation and electric grid storage applications.

About the PAK Lithium Project

The PAK Lithium Project lies close to the boundary between two geological sub-provinces of the western Superior geologic province in northwestern Ontario and hosts a rare metals pegmatite deposit. The deposit is an LCT (lithium- cesium- tantalum) type pegmatite. These types of pegmatites have been the principal source of hard rock lithium, tantalum, rubidium and cesium ores mined in the world but there are comparatively few commercially-viable deposits.

Frontier is actively exploring its 100% owned project which contains the Pakeagama Lake pegmatite. The PAK deposit is one of the highest grade lithium mineral resources in North America which has a current Measured and Indicated Resource of 7.89 million tonnes of 1.73% Li2O equivalent (eq.) and Inferred Resource of 295,600 tonnes of 1.35% Li2O eq. which has a technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3). The deposit has adjacent zones that are enriched in tantalum and rubidium. Frontier is also evaluating the phased co-production of tantalum and mica-product concentrates once lithium mineral production has been commercialized.

The deposit now has a known 500m strike length with an estimated true width varying from 10m to 125m with a sub-vertical orientation. The resource remains open to depth and along strike to the northwest and southeast.